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China Buyout Firm Ascendent Resumes Pursuit of Hollysys

(Bloomberg) -- China-focused private equity firm Ascendent Capital Partners is considering reviving a potential offer to take Hollysys Automation Technologies Ltd. private, people familiar with the matter said, as interest in the industrial company heats up. Most Read from BloombergIsrael Latest: Netanyahu Vows to Stay On; Targets Hit in LebanonInnovent, Lilly Obesity Drug Spurs More Weight Loss in TrialSony’s Bungie Game Unit Cuts Staff Following Delayed TitlesSaudi Forces on High Alert ...
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Source: yahoo.com

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